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1014 Starr St
Mercedes, TX 78570

$480,000 USD

Apartments For Sale • 4,050 SF

Property Details

Property Type Apartments
Total Building Size 4,050 SF
Lot Size 0.26 AC
Year Built 2023
Cap Rate 7.58 %
Zoning Multi-Family

0 Transit Score

59 Walk Score

                
                    Highlights
                
                                PRIME LOCATION RIGHT OFF THE HIGHWAY AND MINUTES AWAY FROM RIO GRANDE PREMIUM OUTLETS 
                            
                                BUILDINGS COMPLETED OCTOBER 2023
                            
                                HIGH OCCUPANCY

Financial Summary (Actual)

Net Operating Income: $35,705 USD (2023)

Cap Rate:	7.58 %
Total Expenses:	$16,375 USD

Amenities

Air Conditioning
Fenced Lot
Microwave
Washer/Dryer
Heating
Ceiling Fans
Tile Floors
Kitchen
Granite Countertops
Vaulted Ceiling
High Speed Internet Access
Refrigerator
Oven
Sprinkler System
Stainless Steel Appliances
Range
Tub/Shower
Walk-In Closets
Wi-Fi
Yard
Dining Room
Double Pane Windows
Framed Mirrors
Freezer
Instant Hot Water
Island Kitchen
Lawn
Patio
Window Coverings
Smoke Detector

Public Transportation

Airport	Drive	Walk	Distance
Valley International	26 min	-	19.2 mi
McAllen International	29 min	-	22.4 mi

Parking Details

Parking Available:	Yes
Reserved:	No
Spaces Provided:	8
Type:	Covered
Included in Rent:	Yes

Daniela Perez 956-777-9340 Daniela Perez

1014 Starr St Mercedes, TX 78570